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IDFC FIRST Bank Senior Manager Credit salaries in India (Updated 2025)

Annual salary range
3 - 11 years exp.
₹9.4 Lakhs - ₹15.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Senior Manager Credit Salary at IDFC FIRST Bank ranges between ₹9.4 Lakhs to ₹15.9 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 87 latest salaries... Read more

19% less than the average Senior Manager Credit Salary in Banking Companies for 3 - 11 years of experience

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Last Updated: 14 Jul 2025

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₹3.8 L/yr - ₹8.8 L/yr

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3 - 12 years exp. (24 salaries)

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₹11 L/yr - ₹19.4 L/yr

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Standard Chartered Senior Manager Credit Salary

4 - 12 years exp. (20 salaries)

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₹20.8 L/yr - ₹38.8 L/yr

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RBL Bank Senior Manager Credit Salary

3 - 15 years exp. (19 salaries)

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₹10 L/yr - ₹17 L/yr

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5 - 9 years exp. (15 salaries)

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₹11.2 L/yr - ₹20.9 L/yr

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Federal Bank Senior Manager Credit Salary

8 - 14 years exp. (13 salaries)

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₹17.3 L/yr - ₹26 L/yr

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Karur Vysya Bank Senior Manager Credit Salary

4 - 16 years exp. (12 salaries)

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₹13 L/yr - ₹22.6 L/yr

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₹14.5 L/yr - ₹22 L/yr

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IDBI Bank Senior Manager Credit Salary

6 - 12 years exp. (5 salaries)

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₹14 L/yr - ₹22.7 L/yr

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₹5.2 L/yr - ₹13 L/yr

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Corporation Bank Senior Manager Credit Salary

10 - 17 years exp. (5 salaries)

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₹14.4 L/yr - ₹22.3 L/yr

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₹6.5 L/yr - ₹12.9 L/yr

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UCO Bank Senior Manager Credit Salary

10 - 13 years exp. (4 salaries)

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₹12 L/yr - ₹24.4 L/yr

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View all

Latest annual salaries shared by IDFC FIRST Bank Senior Manager Credit

1d ago
₹7.9 Lakhs
10 years exp.
6d ago
₹15 Lakhs
10 years exp.
1w ago
₹11 Lakhs
6 years exp.
1w ago
₹11.3 Lakhs
6 years exp.
1w ago
₹8 Lakhs
5 years exp.
2w ago
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7 years exp.
2w ago
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10 years exp.
2w ago
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8 years exp.
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10 years exp.
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6 years exp.

IDFC FIRST Bank Senior Manager Credit salaries by

Years of experience Avg. annual salary
3 years  (3 salaries)

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₹9.4 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.8 L/yr
5 years  (8 salaries)

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₹9.4 L/yr - ₹12.5 L/yr
6 years  (16 salaries)

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₹9.4 L/yr - ₹15.3 L/yr
7 years  (11 salaries)

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₹9.5 L/yr - ₹15 L/yr
View all salaries by experience

Similar Designation Salaries at IDFC FIRST Bank

Similar Designation Avg. annual salary
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₹2.9 L/yr - ₹10.9 L/yr

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₹3.6 L/yr - ₹13.2 L/yr

Deputy Manager Salary
(2.5k salaries)
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₹1.8 L/yr - ₹9.5 L/yr

Chief Manager Salary
(731 salaries)
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₹9.5 L/yr - ₹37 L/yr

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₹6.5 L/yr - ₹26 L/yr

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₹1.6 L/yr - ₹5.6 L/yr

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₹3 L/yr - ₹3.2 L/yr

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₹6 L/yr - ₹9.8 L/yr

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₹3.7 L/yr - ₹14 L/yr

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₹8.5 L/yr - ₹20 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for IDFC FIRST Bank

3.8

Rated by 11 employees for salary & benefits

Full Time

 · 

Other Department

5.0
  •  updated on 29 Jun 2025

5.0
 for  Salary and Benefits

Likes

...when i began searching for a more performance-driven and structured opportunity. A friend who had recently joined IDFC first bank told me about an opening in the corporate salary acquisition team in Ahmedabad. He spoke positively about t he work culture and the way each and every individual effort is seen , which pushed me to apply through his referral. The hiring process was smooth , the HR contacted me within few days of applying. The initial conversation felt more like a discussion than a formal screening, they were genuinely interested in my background and career goals. The next round was with the Area Sales Manager , where we spoke about field experience , sourcing methods , and managing client relationships. It felt like a real exchange of ideas rather than a checklist of questions. The final round with the team head gave clarity on team setup, expectations , and growth scope in the region. Once selected , the onboarding process was well-managed. HR stayed in touch regularly , shared al necessary steps, and ensured that training and system access were ready before my joining. This preparing helped me settle in smoothly. In my current role , i handle multiple corporate clients , manage regular acquisition targets, and represent the bank in client meetings. The pace is quick , but the environment is encouraging and team-driven, and support from managers is consistent.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Sometimes, internal coordination can slow things down slight , but it has helped me become more proactive and solution-oriented

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 15 May 2025

5.0
 for  Salary and Benefits

Likes

Salary 1. *Fair compensation*: Ensure salary reflects industry standards and job responsibilities. 2. *Performance-based*: Salary increments often tied to performance evaluations. 3. *Negotiation*: Research and prepare to negotiate salary during hiring or reviews. Promotion 1. *Career growth*: Promotions offer opportunities for advancement and increased responsibility. 2. *Performance evaluation*: Promotions often based on performance, skills, and contributions. 3. *Clear criteria*: Establish clear expectations and criteria for promotions.

read more
  • Salary - Excellent
  • +1 more

Dislikes

Working Style

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 29 Apr 2025

4.0
 for  Salary and Benefits

Likes

Incentives

  • Salary - Good
  • +1 more

Dislikes

...able and not do anything to any work just site and how to highlight upper level. Don’t why company give her salary so much illegal work she doing I request to HR and other team please check my branch people are just sitting nothing else no one care about what’s going on with management and customer

read more
  • Work satisfaction - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 08 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary was good, work environment was good.

  • Salary - Excellent
  • +1 more

Dislikes

Management changes every 6 months and hence people cant get promotions. No one gets ratings above average. The manager stopped employees to go on time by giving extra work and expecting unrealistic outcomes. We used to work after office hour in the office till 8pm and yet we were not appreciated for this.

read more
  • Promotions - Poor

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  updated on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

IDFC FIRST Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at IDFC FIRST Bank ?
The average salary of a Senior Manager Credit at IDFC FIRST Bank in India typically ranges from ₹9.4 Lakhs to ₹15.9 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Senior Manager Credit at IDFC FIRST Bank earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Senior Manager Credit Salaries at IDFC FIRST Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 80+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Senior Manager Credit at IDFC FIRST Bank in India?
The estimated take-home salary of a Senior Manager Credit at IDFC FIRST Bank in India typically ranges from ₹81,178 to ₹83,294 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹15.9 Lakhs per year for employees with experience ranging from 3 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 80+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDFC FIRST Bank for Senior Manager Credit in India?
Standard Chartered ₹20.8 Lakhs to ₹38.8 Lakhs per year
Canara Bank ₹17.8 Lakhs to ₹28.0 Lakhs per year
Federal Bank ₹17.3 Lakhs to ₹26.0 Lakhs per year
Union Bank of India ₹15.3 Lakhs to ₹26.2 Lakhs per year
Corporation Bank ₹14.4 Lakhs to ₹22.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bank, depending on the role and experience level.
What is the salary of a Senior Manager Credit in companies similar to IDFC FIRST Bank in India?
The salary of a Senior Manager Credit at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Central Bank of India ₹14.5 Lakhs to ₹22.0 Lakhs per year
UCO Bank ₹12.0 Lakhs to ₹24.4 Lakhs per year
Vijaya Bank ₹9.0 Lakhs to ₹30.0 Lakhs per year
Karur Vysya Bank ₹13.0 Lakhs to ₹22.6 Lakhs per year
Axis Bank ₹12.9 Lakhs to ₹22.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Manager Credit at IDFC FIRST Bank in India?
The salary growth for a Senior Manager Credit at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
3 years ₹9.4 Lakhs to ₹12.5 Lakhs per year
4 years ₹10.0 Lakhs to ₹12.8 Lakhs per year
5 years ₹9.4 Lakhs to ₹12.5 Lakhs per year
6 years ₹9.4 Lakhs to ₹15.3 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Senior Manager Credit salary in India ranges between ₹9.4 Lakhs to ₹15.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 87 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.